Faded Hype Around Solana Meme Coins Cause Record Outflows for SOL

Solana (SOL) took the hardest hit as crypto investment products saw modest inflows of only $30 million last week. Ethereum recorded just $4.2 million in inflows, while Bitcoin led with $42 million. The recent CoinShares report attributes this muted performance to recent macroeconomic data, which suggested the Federal Reserve is unlikely to cut interest rates by 50 basis points (bps) in... source: https://beincrypto.com/solana-meme-coins-disinterest-causes-sol-outflows/